Over a year ago the public were exposed to the dispute between Luxembourg’s Molucca Holdings S.à.r.l and PT Pelita Cengkareng Paper. Since then the parties continued exchanging lawsuits. We recently learned that the last lawsuit was in the stage of mediation; the mediation failed. PT Pelita Cengkareng Paper filed a new lawsuit immediately after the mediation broke down. The paper manufacturing company listed an additional defendant in the new lawsuit, i.e., Macquarie Capital Hong Kong Limited.

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